NEW HOPE DEEP UNIT
NEW HOPE DEEP UNIT is a Texas gas lease in Franklin County, Railroad Commission district 06, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,019,933 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $14K, with roughly $3K expected over the next twelve months.
| Operator | Texaco E & P Inc. |
|---|---|
| Field | New Hope (Smackover) |
| County | Franklin County, Texas |
| RRC district | 06 |
| Lease number | 132774 |
| Wellbores | 1 |
| Reported production | 5,019,933 mcf |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $14K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.